New Zealand Gazette – 1987 – No. 146

Page 4120

✨ Public Account Financial Summary



4120 THE NEW ZEALAND GAZETTE No. 146

RECEIPTS CONSOLIDATED

                                                                                      Three
                                                                                      Months
                                                                                      Ended
                                                                                      30 June
                                                                                      1986

Taxation Note Three Months Ended 30 June 1987
$ (000) $ (000) $ (000) $ (000)
Direct taxation—
Income tax 1 1,933,541 2,076,564
Other tax 2 11,696 1,945,237 7,240
2,083,804
Indirect taxation—
Beer duty 260,662 57,900
Customs duty 481,241 153,051
Excise duties¹ 809,542 ..
Goods and Services tax .. 422,658
Sales tax .. 151,287
Other taxation 3 95,868 1,647,313 784,896
3,592,550 2,868,700
Interest, Dividends and Profits—
Interest on Capital Liabilities and Investments 4 266,028 339,852
Profits 5 32,588 298,616 339,852
Departmental Receipts 6 389,587 389,587 182,651
Total Ordinary Receipts 4,280,753 3,391,203
Special Receipts 7 59,283 15,276
Deficit at end of three months 2,388,542 1,270,535

                                                                                      $6,728,578          $4,677,014

Opening balance, 1 April 1987 126,225 121,460

                                                                                      $126,225          $121,460

Footnote:
¹ This item includes duties levied on alcoholic drinks, motor vehicles, petroleum fuels and tobacco products from 1 October 1986. Tax on these items was previously collected as Beer duty and Sales tax, both of which were abolished on 30 September 1986.

The notes on pages 4131 to 4142 form part of and



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💰 Summary of Receipts and Payments of the Public Account for the Three Months Ended 30 June 1987 (continued from previous page)

💰 Finance & Revenue
Public Account, Receipts, Payments, Financial Summary, Taxation, Interest, Dividends, Departmental Receipts, Consolidated Account